Describe the New Deal by FDR and cite the benefits it had to society after the Great Depression.

The New Deal focused on the 'three R's' known as recovery, relief, and reform. After the Great Depression president Roosevelt knew that the country had to implement changes to prevent such a disaster from happening again. With that being said, financial systems such as social security were reformed, relief was implemented for the poor, and recovery efforts were made to repair a tarnished economy.

Describe one of Isaac Newton's laws and give a real life example of the law in action.

Newton's third law states that for every action, there is an equal and opposite reaction. For example, if one throws a tennis ball at a wall, the ball gives off a certain amount of force on the wall, but in turn the wall also exerts an equal and opposite force on the ball.

State how the law of supply differs from the law of demand, two foundations commonly discussed in microeconomics.

The law of supply states that as the quantity of a good supplied rises, the price rises as well. On the other hand, the law of demand states that as quantity demanded increases, the price of the good in turn decreases.